| From UPS's News page UPS: UPS News
10/25/2011 Press Release UPS Earnings Per Share Rise 14 Percent on 8 Percent Revenue Growth in 3Q
07/26/2011 Press Release UPS 2Q Earnings Per Share Jump 25 Percent on Revenue Growth of 8 Percent
02/01/2011 Press Release UPS 4th Quarter Earnings Surge 44 Percent, 2011 EPS Expected to Set All-Time High
10/21/2010 Press Release UPS 3Q Earnings Climb 69 Percent on Revenue Growth of 9 Percent
07/22/2010 Press Release UPS 2Q Earnings Soar 71 Percent on 13 Percent Revenue Growth
04/27/2010 Press Release UPS 1Q Earnings Jump 37 Percent on Revenue Increase of 7 Percent
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UPS Exec Brags About Low Wage Increases for Teamsters
UPS Chief Financial Officer Kurt Kuehn bragged to investors that UPS Teamsters will continue to get “below-inflation increases in wages” under the concessionary contract negotiated by Hoffa and Hall in 2008.
The UPS’s Exec’s comments were featured in a Business Week article called, “Having a Job Ain’t All It’s Cracked Up to Be.”
The article reported that take-home pay, adjusted for inflation, has fallen three times in the last five reported months. The number of Americans living in poverty is at a 17-year high.
UPS is quoted in the article as being happy with our “modest” wage increases that are “below inflation.” UPS profits aren’t modest though. The company has made $3 billion in the first 9 months of the year and now it’s peak!
Rise, Jump, Surge, Climb and Soar v. Modest & Below Inflation.
I wonder how much Scott Davis's package increased over the year, willing to bet that wasn't Modest.
The UPS’s Exec’s comments were featured in a Business Week article called, “Having a Job Ain’t All It’s Cracked Up to Be.”
The article reported that take-home pay, adjusted for inflation, has fallen three times in the last five reported months. The number of Americans living in poverty is at a 17-year high.
UPS is quoted in the article as being happy with our “modest” wage increases that are “below inflation.” UPS profits aren’t modest though. The company has made $3 billion in the first 9 months of the year and now it’s peak!
Rise, Jump, Surge, Climb and Soar v. Modest & Below Inflation.
I wonder how much Scott Davis's package increased over the year, willing to bet that wasn't Modest.
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